Intel Wins Piece of Swedish Spectrum
It was announced yesterday that Intel is an investor in a WiMax partnership that Sprint Nextel and Clearwire are building in the United States. Intel invested $1 billion in the U.S. venture. Intel has also invested money with a group that is planning to build a WiMax network in Japan.
It appears as though Intel is spreading around a little seed money to help grow WiMax technology in already developed markets. It is banking that the wireless nature and fast download speeds of WiMax will be able to crack national markets that are already near the saturation point, when it comes to mobile phones and number of national Internet connections.